Al-Monitor: Turkey to purchase fourth drilling ship to expand energy projects

16 February 2021
151 Views

Turkey’s state-owned oil and gas company has made a preliminary agreement to purchase a new drilling vessel to accelerate energy prospecting activities in the eastern Mediterranean and the Black Sea, according to Turkish media.

The Turkish Petroleum Corp. is finalizing a deal to acquire a deep-water drilling vessel from Dolphin Drilling, a Norwegian rig company, for a yet-to-be disclosed sum, the media said.

The purchase would add a fourth drilling ship to the company’s fleet, which includes two additional seismic exploration vessels, and comes after a year marked by maritime boundary disputes in the eastern Mediterranean stemming from Turkish energy prospecting activities in areas claimed by Greece and the Republic of Cyprus.

Turkey largely suspended its energy projects in the eastern Mediterranean after EU leaders agreed in December to draw up sanctions over the nation’s activities and Ankara resumed high-level talks with Athens to de-escalate tensions in January.

The developments drew praise from German Chancellor Angela Merkel in a recent call with Turkish President Recep Tayyip Erdogan, yet the purchase of a new drilling vessel has raised concerns territorial disputes could resume in the region.

You may be interested

The first Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy by Aeroservices
GREECE
shares36 views
GREECE
shares36 views

The first Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy by Aeroservices

Panos - May 07, 2021

The first upgraded Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy today, Thursday 6 May. The work on…

Foreigners looking to buy Greek property amid Covid-19 pandemic
FINANCE
shares46 views
FINANCE
shares46 views

Foreigners looking to buy Greek property amid Covid-19 pandemic

Panos - May 07, 2021

Despite the pandemic, the demand for a permanent holiday home in selected destinations in Greece by foreigners is on the…

Greek Taxisnet services not available for citizens over weekend
FINANCE
shares42 views
FINANCE
shares42 views

Greek Taxisnet services not available for citizens over weekend

Panos - May 07, 2021

Online services on the Taxisnet platform system will not be available to taxpayers over the weekend due to scheduled upgrading.…

Leave a Comment

Your email address will not be published.